Eunice Vivian Kim & Jesse Min Kim Acquire Murray Hill Retail Property For $5.9M
164-01 Northern Boulevard, Queens, New York 11358, United States
$5,900,000
$1,079/SF
Building Size
5,468 SF
Asset Type
Retail
Closing
Jul 6, 2022
About this deal
AI
The retail property located at 164-01 Northern Boulevard in Murray Hill has been sold for a total price of $5,900,000. The property spans a total area of 5,468 square feet, resulting in a price per square foot of $1,079.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,900,000
- Address: 164-01 Northern Boulevard
- Market: Murray Hill
- Square Footage: 5,468
- Price per Square Foot: $1,079
Eunice Vivian Kim & Jesse Min Kim served as the buyers in this transaction while Ching K. Chiang acted as the seller.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93